Related Course/s:

A unit of study in the nested postgraduate Accounting suite, the and the Master of Professional Accounting Global Leadership Program.

Aims & Objectives:

The unit of study commences with an examination of the choices available to the entrepreneur, such as operating as a sole trader, entering into a partnership or joint venture, utilising a trust, or entering into a franchise agreement. The primary focus is on companies and the provisions of the Corporations Act. In particular, the unit of study deals with the incorporation of companies, the relationship between companies and outsiders, the raising of capital, corporate governance, the rights of members and the options available to companies and creditors when a company is in trouble.

Teaching Methods:

A range of teaching methods will be used including lectures and class discussion of issues and problems

Assessment:

Test  25%, Final examination 75%

Generic Skills Outcomes:

Graduates are capable in their chosen professional, vocational or study areas. They:

• Are informed and knowledgeable in the area.
• Have the ability to engage in informed critical inquiry.
• Have pertinent skills and abilities.
• Display attitudes appropriate to the professional area.
  

Content:

Topics studied include:

• Business structures.
• Creation of companies.
• Company contracts and relations with outsiders.
• Shareholders and the company.
• Company management and directors' duties.
• Members' remedies.
• The company in trouble.
  

Reading Materials:

Harris, J, Hargovan, A, Adams, M, 2008, Australian Corporate Law, Butterworths

References: